An exploration budget of $8.6 million has been approved for 2012, comprising 11,280 metres (m) of drilling and 3,600 m of trenching, supported by geophysics, in 12 target areas.

Last year coal was the the only fossil fuel to record above average worldwide growth at 5.4%, while nuclear power consumption was off 4.3%, the largest decline on record, said BP in its look at energy use in 2011.

In many ways the oil industry is a fashion industry, and in 2011 the exciting new model on the investment bankers’ catwalk was the Duvernay shale.

To get a replacement tailing pond started for its mine, San Gold (TSE:SGR) clearcut a forest near the Wanipigow River, but the Manitoba branch of the Wilderness Committee accuses the company of taking down the trees before getting proper permission.

Visualcapitalist has crafted an infographic on the Lithium Ion battery and how it will shape the future.

World number one miner BHP Billiton on Wednesday bought additional exploration plots near its Olympic Dam mine and $30 billion expansion project.

During May 2012 the price of gold dropped over 6% and investors withdrew over €1 billion from gold ETPs.

The takeover still requires the Canadian government's approval, and a competition review of Glencore's side deals to sell some assets to Agrium and Richardson International Limited will begin after Glencore's transaction closes, Agrium CEO Mike Wilson told the company's investors in Chicago.

Sustainable Wealth Management has become the latest company to partner with Exchange Traded Concepts to debut an ETF, announcing this week the launch of the North American Oil Sands ETF (SNDS).